Monday, April 27, 2015

Three White Soldiers candlestick pattern

Three White Soldiers

Three White Soldiers

Three White Soldiers is a bullish trend reversal candlestick pattern made up of three candles.
How to Identify:
  •     Appearing after the downtrend, all the 3 candles are long and bullish;
  •     Each candle's Open price is within the previous candle's body;
  •     Each candle's Close price is higher than that of the previous candle.
We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.
Under certain circumstances, a Bullish pattern can also perform as a Bearish pattern, and a reversal pattern can be changed into a continuation pattern.

If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.


The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).

















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